In how many years will Rs. 81000 amount to Rs. 113400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 81000 amount to Rs. 113400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 32400. T = (32400 × 100)/(81000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

Time for Rs. 168000 at 6% to amount Rs. 235200

A. 6 years

B. 8 years

C. 5 years

D. 7 years

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Correct Answer: Option D

Explanation:
SI = 67200. T = (67200 * 100)/(168000 * 6) = 7 years.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 15432 amounts to Rs. 20061 in 3 years at simple interest. Rate is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 4629. R = (4629 * 100)/(15432 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 4392000 for 2 years at 103% per annum is

A. Rs. 9047720

B. Rs. 9047320

C. Rs. 9047920

D. Rs. 9047520

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Correct Answer: Option D

Explanation:
SI = (4392000 × 103 × 2)/100 = 9047520.

This question belongs to: Maths Simple Interest

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